Berenberg maintains 'buy' rating on BHP following regulatory approval for corporate unification
21st Dec 2021 14:25
(Sharecast News) - Analysts at Berenberg took a fresh look at mining giant BHP on Tuesday after an announcement that the firm had received all regulatory and competition approvals with respect to its proposed corporate structure unification.
Read moreBHP gets approval to unify corporate structure
21st Dec 2021 07:15
(Sharecast News) - Mining giant BHP Group on Tuesday said it had received all regulatory approvals for the unification of its corporate structure.
Read moreWyloo ups Noront offer after talks with BHP end
13th Dec 2021 07:45
(Sharecast News) - Andrew Forrest's Wyloo Metals on Monday lifted its offer to buy out Canadian nickel explorer Noront Resources, after failing to reach agreement with Australian giant BHP on a deal.
Read moreLiberum upgrades Rio Tinto to 'hold', says bad news priced in
7th Dec 2021 12:02
(Sharecast News) - Liberum upgraded Rio Tinto to 'hold' from 'sell' on Tuesday as it argued that bad news was now priced in.
Read moreBHP Group to unify corporate structure under Australian parent company
2nd Dec 2021 09:49
(Sharecast News) - Iron ore company BHP Group has made a final board decision to unify its corporate structure under its Australian parent company, with the merger expected to be completed by the end of January 2022.
Read moreBHP, Woodside sign merger deal, approve Scarborough LNG project
22nd Nov 2021 07:04
(Sharecast News) - Australia's BHP Group and Woodside Petroleum have signed their AUD$40bn petroleum merger deal, which will see Woodside acquire BHP's petroleum assets in return for a 48% in the combined company.
Read moreBHP agrees divestment of stake in Mitsui Coal venture
8th Nov 2021 07:32
(Sharecast News) - BHP has agreed to divest its 80% interest in BHP Mitsui Coal (BMC), an operated metallurgical coal joint venture in Queensland.
Read moreLiberum upgrades Anglo American to 'buy', cites capex in ESG-friendly copper
3rd Nov 2021 10:28
(Sharecast News) - Analysts at Liberum upgraded their recommendation for shares of Anglo American from 'hold' to 'buy', describing it as the sole "pro-growth major" in its space.
Read moreBHP in talks with Wyloo over Noront takeover
3rd Nov 2021 08:02
(Sharecast News) - BHP Group said it was in talks Australia's Wyloo Metals on the takeover of Noront Resources as both firms vie to take over the Canadian nickel producer.
Read moreBHP increases cash offer for Noront
20th Oct 2021 09:05
(Sharecast News) - BHP increased its all-cash offer for Noront to 75 Canadian cents per share on Wednesday, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront's unaffected price.
Read moreBHP iron ore production hit by train driver shortage
19th Oct 2021 08:04
(Sharecast News) - BHP Group on Tuesday reported a fall in first-quarter iron ore output due to a shortage of train drivers to ship the commodity as a result of Australian Covid-19 border restrictions.
Read moreRBC Capital upgrades Anglo American, downgrades BHP
29th Sep 2021 11:09
(Sharecast News) - RBC Capital Markets upgraded miner Anglo American on Wednesday, but downgraded its stance on BHP.
Read moreBofA Merrill Lynch downgrades BHP to 'neutral'
22nd Sep 2021 10:38
(Sharecast News) - Bank of America Merrill Lynch downgraded BHP to 'neutral' from 'buy' on Wednesday and slashed the price target to 1,900p from 2,900p as it said earnings downgrades are coming.
Read moreBarclays downgrades European miners to 'neutral' on China steel output cuts
14th Sep 2021 10:43
(Sharecast News) - Analysts at Barclays downgraded their stance for European miners to 'neutral' given China's "rapid" steel production cuts and the likelihood that they might extend into 2022 and beyond in order to limit industry emissions.
Read moreSunday newspaper round-up: Ryanair, China's central bank, IAG
12th Sep 2021 13:47
(Sharecast News) - Ryanair boss Michael O'Leary has warned that airfares will be "dramatically higher" next summer as passengers rush to return to Europe for their holidays. The outspoken airline chief executive said huge demand for holidays would coincide with fewer flights, which would mean a spike in prices for holidaymakers - not just for flights, but also for hotels. - Sunday Times
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